Definition: Due date, also known as maturity date, is the day when some accruals fall due. Due date rate is the amount of debt that has to be paid on a date decided in the past. It can also be known as maturity date rate. If the due date amount is higher than the actual amount, then it results in profit, otherwise it’s a loss.
Description: Due date rate, also called maturity amount, is the amount of debt that a debtor has to pay on a date decided earlier. For example, if a person named ABC borrowed Rs 100 from someone called XYZ and it has been decided that ABC would pay Rs 110 on a date decided at the time of making the transaction, then Rs 110 is called the due date rate, maturity amount or maturity rate and the date is a called the due date or maturity date.
Due date amount is also calculated widely for bank deposits, FDs, NSCs, and other investment instruments and via financial institutions. The due date amount/rate for a fixed deposit of Rs 10,000 with 10 per cent annual rate of interest for one year will be Rs 11,000.
The difference between the principle and due date rate can be determined as profit/loss. If the due date rate is higher than the actual rate, the difference amount is called profit, otherwise it will be treated as loss.

Definition: EMI or equated monthly installment, as the name suggests, is one part of the equally divided monthly outgoes to clear off an outstanding loan within a stipulated time frame.
Description: The EMI is dependent on multiple factors, such as:
1) Principal borrowed
2) Rate of interest
3) Tenure of the loan
4) Monthly/annual resting period
For a fixed interest rate loan, the EMI remains fixed for the entire tenure of the loan, provided there is no default or part-payment in between. The EMI is used to pay off both the principal and interest components of an outstanding loan. The first EMI has the highest interest component and the lowest principal component. With every subsequent EMI, the interest component keeps on reducing while the principal component keeps rising. Thus, the last EMI has the highest principal component and the lower interest component.
In case the borrower makes a pre-payment through the tenure of a running loan, either the subsequent EMIs get reduced or the original tenure of the loan gets reduced or a mix of both. The reverse happens when the borrower skips an EMI through the tenure of the loan (EMI holiday or cheque dishonor/bounce or insufficient balance in case of auto deduction of EMI or a default); in that case either the subsequent EMIs rise or the tenure of the loan increases or a mix of both, apart from inviting a financial penalty, if any.
Similarly, in case the rate of interest reduces through the tenure of the loan (as in the case of floating rate loans) the subsequent EMIs get reduced or the tenure of the loan falls or a mix of both. The reverse happens when the rate of interest rises.
Suppose a person borrows Rs 1 lakh for one year at the fixed rate of 9.5 per cent per annum with a monthly rest. In this case, the EMI for the borrower for 12 months (1 year X 12 months = 12 months) works out to approximately Rs 8,768. The monthly payment schedule works out as follows:

Definition of 'Ease Of Doing Business'

Definition: Ease of doing business is an index published by the World Bank. It is an aggregate figure that includes different parameters which define the ease of doing business in a country.

Description: It is computed by aggregating the distance to frontier scores of different economies. The distance to frontier score uses the ‘regulatory best practices’ for doing business as the parameter and benchmark economies according to that parameter.

For each of the indicators that form a part of the statistic ‘Ease of doing business,’ a distance to frontier score is computed and all the scores are aggregated. The aggregated score becomes the Ease of doing business index.

Indicators for which distance to frontier is computed include construction permits, registration, getting credit, tax payment mechanism etc. Countries are ranked as per the index.

Definition: Due date, also known as maturity date, is the day when some accruals fall due. Due date rate is the amount of debt that has to be paid on a date decided in the past. It can also be known as maturity date rate. If the due date amount is higher than the actual amount, then it results in profit, otherwise it’s a loss.
Description: Due date rate, also called maturity amount, is the amount of debt that a debtor has to pay on a date decided earlier. For example, if a person named ABC borrowed Rs 100 from someone called XYZ and it has been decided that ABC would pay Rs 110 on a date decided at the time of making the transaction, then Rs 110 is called the due date rate, maturity amount or maturity rate and the date is a called the due date or maturity date.
Due date amount is also calculated widely for bank deposits, FDs, NSCs, and other investment instruments and via financial institutions. The due date amount/rate for a fixed deposit of Rs 10,000 with 10 per cent annual rate of interest for one year will be Rs 11,000.
The difference between the principle and due date rate can be determined as profit/loss. If the due date rate is higher than the actual rate, the difference amount is called profit, otherwise it will be treated as loss.

Definition: EMI or equated monthly installment, as the name suggests, is one part of the equally divided monthly outgoes to clear off an outstanding loan within a stipulated time frame.
Description: The EMI is dependent on multiple factors, such as:
1) Principal borrowed
2) Rate of interest
3) Tenure of the loan
4) Monthly/annual resting period
For a fixed interest rate loan, the EMI remains fixed for the entire tenure of the loan, provided there is no default or part-payment in between. The EMI is used to pay off both the principal and interest components of an outstanding loan. The first EMI has the highest interest component and the lowest principal component. With every subsequent EMI, the interest component keeps on reducing while the principal component keeps rising. Thus, the last EMI has the highest principal component and the lower interest component.
In case the borrower makes a pre-payment through the tenure of a running loan, either the subsequent EMIs get reduced or the original tenure of the loan gets reduced or a mix of both. The reverse happens when the borrower skips an EMI through the tenure of the loan (EMI holiday or cheque dishonor/bounce or insufficient balance in case of auto deduction of EMI or a default); in that case either the subsequent EMIs rise or the tenure of the loan increases or a mix of both, apart from inviting a financial penalty, if any.
Similarly, in case the rate of interest reduces through the tenure of the loan (as in the case of floating rate loans) the subsequent EMIs get reduced or the tenure of the loan falls or a mix of both. The reverse happens when the rate of interest rises.
Suppose a person borrows Rs 1 lakh for one year at the fixed rate of 9.5 per cent per annum with a monthly rest. In this case, the EMI for the borrower for 12 months (1 year X 12 months = 12 months) works out to approximately Rs 8,768. The monthly payment schedule works out as follows: